Market Share of Electric Two Wheeler Charging Station Industry
The Electric Two Wheeler Charging Station Market is consolidated due to the presence of major key players such as Chargepoint Inc, ABB Ltd, Tesla Inc., Delta Electronics Inc., Schneider Electric SE, Chargemaster Limited (bp pulse), and EVGO Services LLC. Companies are entering into agreements/collaboration/acquisitions and new product development strategies to broaden their customer base in emerging markets and to keep themselves aligned with their competitors.
For instance, in September 2022, ABB E-Mobility, the electric vehicle charging solutions subsidiary of ABB Ltd., announced that it would set up a new manufacturing facility for electric vehicle chargers in Columbia, South Carolina, in the United States. The plant will have a capacity of manufacturing 10000 EV chargers per annum for public charging, school buses, and fleets and create more than 130 new jobs. The plant is expected to be operational in early 2023.
In April 2022, bp pulse and Volkswagen Group announced a strategic partnership to build a fast-charging network across Europe. By the end of 2024, the partnership could result in up to 8,000 more charging stations across Germany, the United Kingdom, and other European countries.
Electric Two Wheeler Charging Station Market Leaders
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Tesla, Inc.
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ABB Ltd
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ChargePoint, Inc.
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Delta Electronics Inc.
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Schneider Electric SE
*Disclaimer: Major Players sorted in no particular order
